Israeli Lawmakers Propose Change to Cryptocurrencies’ Legal Tax StatusAuthor: Jimmy AkiLast Updated: 26 September 2020With cryptocurrencies becoming more prominent almost by the day, several countries and financial regulators have turned their attention to providing effective regulation. In Israel, some lawmakers […]
Congress Introduces Two Fresh Crypto Regulation Bills Author: Jimmy AkiLast Updated: 26 September 2020Cryptocurrency legislation in the United States has been a long, hard-fought battle with nary an end in sight. However, the industry saw some significant progress on […]
Chinese Government Identifies $14.5 Billion in Cash Laundered Through CryptoAuthor: Jimmy AkiLast Updated: 26 September 2020China is experiencing a crypto cleansing, as the government appears keen on purging the country of all traces of cryptocurrencies. While several reasons could account for […]
Russia Proposes New Penalties for Crypto Tax DefaultersAuthor: Jimmy AkiLast Updated: 24 September 2020The Russian government has continued on a steady path towards legitimizing its cryptocurrency industry. The next frontier on the Kremlin’s mission appears to be tax enforcement, […]
US Federal Banks Can Now Hold Stablecoin ReservesAuthor: Sherlock GomesLast Updated: 22 September 2020US banking regulator recently authorized federal banks in the country to hold stablecoin reserves. A Monday letter from the US Office of the Comptroller of […]
49 US States Propose Unified Regulation for Crypto FirmsAuthor: Sherlock GomesLast Updated: 17 September 2020Regulators in 49 US states have proposed a unified new regulation for crypto firms in the country. The Conference of State Bank Supervisors, which represents […]
South Korean Government Official Proposes Blockchain-Based Voting SystemAuthor: Jimmy AkiLast Updated: 13 September 2020Blockchain technology continues to make strides in applications, as both private companies and governments have made commitments to exploring it. In South Korea, a government […]
Russia Moving Ahead with Blockchain Voting System Author: Jimmy AkiLast Updated: 01 September 2020Blockchain’s capability to optimize the democratic process has been a particular point of interest for a while now. While there are many potential applications for the […]
Brazil Becomes Latest Country to Launch CBDC Research EffortsAuthor: Jimmy AkiLast Updated: 27 August 2020The craze for Central Bank Digital Currencies (CBDCs) is currently at fever-pitch, with more countries leaning into the idea of launching state-backed digital assets. Brazil is […]
UK Regulator Plans to Impose Annual Crime Reporting on Crypto Firms Author: Jimmy AkiLast Updated: 25 August 2020The United Kingdom’s Financial Conduct Authority (FCA) has acted swiftly to improve its oversight of activities in the U.K.’s crypto and financial spaces. In a new […]
